Leshan Electric Power CoSHSE:600644 -3.46%61 PB Ratio is 2.18 as of Jun. 28, 2026, which is 4% above its 10-year median of 2.09. GuruFocus rates SHSE:600644 with a GF Score™ of 61/100 and a GF Value™ of ¥7.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 502 Utilities - Regulated companies, Leshan Electric Power Co ranks worse than 74.1% on this metric.
Leshan Electric Power Co Ltd stock PB Ratio (=2.18) is close to 1-year low of 2.18.
The historical rank and industry rank for Leshan Electric Power Co's PB Ratio or its related term are showing as below:
SHSE:600644'
s PB Ratio Range Over the Past 10 Years
Min: 1.45 Med: 2.09 Max: 4.49
Current: 2.18
During the past 13 years, Leshan Electric Power Co's highest PB Ratio was 4.49. The lowest was 1.45. And the median was 2.09.
SHSE:600644's PB Ratio is ranked worse than 74.1% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.42
vs SHSE:600644: 2.18
During the past 12 months, Leshan Electric Power Co's average Book Value Per Share Growth Rate was 1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Leshan Electric Power Co was 27.60% per year. The lowest was -14.30% per year. And the median was 7.10% per year.
Back to Basics: PB Ratio
Leshan Electric Power Co (SHSE:600644) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, Leshan Electric Power Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Leshan Electric Power Co PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Leshan Electric Power Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Leshan Electric Power Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Leshan Electric Power Co (SHSE:600644) has a PB Ratio of 2.18 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Leshan Electric Power Co and its competitors. This is near median its historical median of 2.09. Over the past decade, Leshan Electric Power Co's PB Ratio has ranged from 1.45 to 4.49. According to the industry distribution chart, Leshan Electric Power Co ranks #372 out of 502 companies in the Utilities - Regulated industry, placing it in the top 74.1%.
Is Leshan Electric Power Co's PB Ratio too high?
Leshan Electric Power Co's current PB Ratio of 2.18 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.49. The Utilities - Regulated industry median PB Ratio is 1.42. Leshan Electric Power Co's value of 2.18 is 53.5% above this industry median. Based on the distribution chart, Leshan Electric Power Co ranks #372 out of 502 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Leshan Electric Power Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leshan Electric Power Co's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Leshan Electric Power Co ranks #372 out of 502 companies for PB Ratio. This places Leshan Electric Power Co in the lower half of its industry. The industry median PB Ratio is 1.42. Leshan Electric Power Co's value of 2.18 is 53.5% above this benchmark. Historically, Leshan Electric Power Co's own PB Ratio has ranged from 1.45 to 4.49 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.42, Leshan Electric Power Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.42, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leshan Electric Power Co's current PB Ratio of 2.18 is 53.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Leshan Electric Power Co and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leshan Electric Power Co's current PB Ratio is 2.18, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leshan Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Leshan Electric Power Co (SHSE:600644) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.49, compared to a current price of ¥7.81 — trading 4.3% above its estimated fair value. The current PB Ratio is 2.18, which is near median its 10-year median of 2.09 and 53.5% above the Utilities - Regulated industry median of 1.42. Leshan Electric Power Co's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Leshan Electric Power Co (SHSE:600644), the current PB Ratio is 2.18 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Leshan Electric Power Co (SHSE:600644) Overvalued in 2026?
Based on GuruFocus' analysis, Leshan Electric Power Co stock appears to be overvalued.
The current stock price of ¥7.81 is trading 4.3% above its estimated GF Value™ of ¥7.49.
GuruFocus considers Leshan Electric Power Co to be Fairly Valued.
Key valuation signals for SHSE:600644:
PB Ratio: 2.18 (near median its 10-year median of 2.09)
GF Value™: ¥7.49 vs. price of ¥7.81 (4.3% above fair value)
Industry Position: 53.5% above the Utilities - Regulated median (#372 of 502)
No single metric tells the full story. See the SHSE:600644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leshan Electric Power Co Ltd is an electric power company. The company is engaged in covering power, natural gas, tap water and hotels, photovoltaic new energy and other fields.
61GF Score
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